Benchmark initiated coverage on Veeco Instruments Inc. VECO with a Buy rating.
The target price for Veeco Instruments is set to $38.
Veeco Instruments shares have dropped 6.39 percent over the past 52 weeks, while the S&P 500 index has surged 10.96 percent in the same period.
Veeco Instruments' shares rose 0.39 percent to close at $30.61 yesterday.
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